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CCI PROPOSES AMENDMENTS
CCI levies Rs 50 lakh penalty on Manipal Group for not disclosing stake hike in Aakash Educational ServicesThe Competition Commission of India has fined Manipal Group Rs 50 lakh. This penalty is for not disclosing stake increases in Aakash Educat...- CCI proposes changes to penalty recovery rules; seeks public feedback by Dec 6India's Competition Commission (CCI) proposed amendments to its penalty recovery regulations, aiming to streamline the process of collectin...
- CCI proposes amendments to recruitment rules to enhance efficiencyThe Competition Commission of India proposed changes to recruitment rules to strengthen its administrative and professional capacities. The...
- CCI proposes amendments to general rules, seeks stakeholder feedbackThe Competition Commission of India (CCI) has proposed amendments to the General Regulations, 2009, following recent changes to the Competi...
- Antitrust regulator proposes to grant more time to DG for probe reportDraft amendments to CCI General Regulations propose extending time for key investigator to submit probe report in antitrust cases, facilita...
- CCI proposes fees to file applications, seeks stakeholders' commentsThe CCI has proposed introduction of fees for filing miscellaneous applications in a bid to expedite case disposal by discouraging unnecess...
- Revised combination assessment timelines under competition law to provide biz certainty, says MCAOne of the amendments proposed is to reduce the time limit for approval of combinations to 150 days from the current 210 days and another i...
- Settlement, commitment framework will help ensure faster market corrections: CCI chief Ashok Kumar GuptaOn August 5, the government introduced the Competition (Amendment) Bill, 2022 in the Lok Sabha to amend various provisions of the competiti...
- Companies making false M&A disclosures will face heavy penalty: CCI ChiefThe bill further mandates the competition watchdog to form a prima facie opinion within 20 days of the receipt of notice. According to Gupt...
- Government proposes a slew of amendments to competition lawThese changes are based on recommendations given by the Competition Law Review Committee that was set up by the government to examine the c...
- Government proposes changes to competition law; moots settlement frameworkThese amendments are aimed at catching up with the business models of the new age companies along with broadening the scope of anti-competi...
- India government proposes changes to competition law; moots settlement frameworkThe Competition (Amendment) Bill, 2022 amendments suggested include a limitation period of three years for filing information on anti-compe...
- Faster CCI approvals for the IBC cases will help quick revival process for stressed firms: Vaibhav Choukse, JSAThe antimonopoly regulator CCI has so far expeditiously reviewed and clear 15 insolvency-related transactions and the draft amendment bill ...
- Govt to bring amendments to Competition law for greater regulation of etailers: FM SitharamanThe Centre on Tuesday said that it has proposed certain amendments to the Competition law for greater regulation of e-commerce platforms an...
- Competition Act 'fairly robust'; gives ample powers: Ashok ChawlaInterestingly, the draft IFC has mooted a raft of provisions that could eventually lend sharper regulatory teeth for CCI.
- Competition Panel to get more teeth with amended norms: ReportThe proposed amendments to competition norms will help the Competition Commission in addressing conflicts with other sectoral regulators.
- Govt plans to give powers to CCI chief for search, seizureFair trade regulator Competition Commission of India (CCI) keeps a tab on anti-competitive practices in the market.
- CCI with parliamentary panel view to keep bank M&As out of its purviewCompetition watchdog CCI has welcomed parliamentary panel's recommendation to keep bank mergers outside its purview temporarily.
- CCI gets power to approve big M&AsThe Competition Commission of India will now be able to vet and approve big mergers and acquisitions in the country, with the government no...
- Will the new competition law lead to slowdown in India's corporate deals?Corporate deals in India may slowdown if the changes proposed to the competition law regime in India go through. Ornamental fish next money...
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